The Nasdaq notification letter has no immediate impact on the listing or trading of the Company’s common stock, which continues to trade on the Nasdaq Capital Market under the symbol “CELU.” Nasdaq has provided the Company with a 60-day period, or until
The Company is actively working to complete and file its Form 10-Q as soon as practicable and expects to return to full compliance with its
About Celularity
Celularity Inc. (Nasdaq: CELU) is a longevity-focused regenerative and cellular medicine company developing and manufacturing allogeneic and autologous cell therapies derived from the postpartum placenta. Celularity leverages the placenta’s unique biology, immunologic properties, and scalable availability to develop therapeutic solutions targeting fundamental mechanisms of aging and age-related disease.
For more information, visit www.celularity.com.
Forward Looking Statements
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s compliance with Nasdaq listing requirements, the Company’s ability to file its Form 10-Q, the timing of any such filing, the Company’s ability to submit a plan to regain compliance with Nasdaq Listing Rule 5250(c)(1), Nasdaq’s acceptance of any such plan, the Company’s ability to regain compliance within any applicable cure period and the Company’s SEC reporting obligations. These forward-looking statements are based on current beliefs, expectations, and assumptions and are subject to substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties are described in the Company’s filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements except as required by law.
Carlos Ramirez
Senior Vice President, Celularity Inc.
Carlos.ramirez@celularity.com
Source: Celularity Inc.